there would be deflationary pressures in the short term but with a fiat currency system it can be taken care of easily.. and chances are one could overdo the fight against deflation..
On Dec 03 08:42 AM CLH wrote:
> You are delusionary. There is no possible way to make a deflation > into inflation by magic. Print money? Not possible because no one > will borrow it. > > This is a deflation (like Japan had) which is caused by the elimination > of debt which causes the disappearance of money.
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i think you should read thru this.. www.federalreserve.gov...
Dec 03 10:35 am
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All Comments by Nikhil »The American Crisis and the Case for an Inflationary Depression [View article]
there would be deflationary pressures in the short term but with a fiat currency system it can be taken care of easily.. and chances are one could overdo the fight against deflation..
On Dec 03 08:42 AM CLH wrote:
> You are delusionary. There is no possible way to make a deflation
> into inflation by magic. Print money? Not possible because no one
> will borrow it.
>
> This is a deflation (like Japan had) which is caused by the elimination
> of debt which causes the disappearance of money.